Shanghai Chinafortune Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:16 am EDT
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Shanghai Chinafortune Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was CNY 632.88 million compared to CNY 447.55 million a year ago. Net income was CNY 80.57 million compared to CNY 78.87 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.07 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.07 a year ago.
Shanghai Chinafortune Co., Ltd is a China-based company mainly engaged in securities business. The Company's main business includes brokerage business, asset management business, self-operated business, NEEQ (National Equities Exchange and Quotations) business and margin margin financing and securities lending. Brokerage business includes securities and futures brokerage business, agency sales of financial products, etc. Asset management business includes collective asset management, directional asset management, and special asset management business. Self-operated business includes investment trading of equity securities and derivative financial instruments and NEEQ market doing business with its own funds. NEEQ business includes corporate listing services and financial advisory services. Margin financing and securities lending business include margin financing and securities lending business, stock pledged repurchase business, and agreed repurchase securities business.
SHANGHAI CHINAFORTUNE CO., LTD. 
